Ericsson Surpasses Q4 Estimates and Announces Share Buyback Program
Ericsson delivered a robust fourth-quarter performance, with adjusted operating profit soaring to 12.26 billion crowns, significantly outpacing the 10.09 billion crown consensus. The telecom giant's net sales reached 69.3 billion crowns, further solidifying its market position.
In a strategic MOVE to reward shareholders, Ericsson unveiled its inaugural buyback program, allocating $1.7 billion for repurchases from Q1 2026 through 2027. The company also raised its annual dividend to 3 crowns per share, up from 2.85 crowns previously.
Cost-cutting remains a priority, with plans to eliminate 1,600 jobs in Sweden as part of ongoing restructuring efforts. The earnings beat and capital return initiatives underscore Ericsson's commitment to operational efficiency and shareholder value.
